DFS Discover Financial Services PE ratio, current and historical analysis
The PE ratio for Discover Financial Services stock stands at 9.62 as of Apr 1, 2025. This is based on the current EPS of $17.72 and the stock price of $170.51 per share. A decrease of 9% has been seen in the P/E ratio compared to the average of 10.6 of the last 4 quarters.
DFS PE ratio history
Over the last ten years, the average PE ratio of Discover Financial Services has been 10.2. The current 9.62 PE ratio is 6% below the historical average. Over the past ten years, DFS's PE ratio was at its highest in the Dec 2020 quarter at 25.15, with a price of $90.53 and an EPS of $3.6. The Mar 2020 quarter recorded the bottom point at 5.33, with a price of $35.67 and an EPS of $6.69.
Discover Financial Services PE ratio by year
Maximum annual increase: 169.56% in 2020
Maximum annual decrease: -73.96% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 9.78 | -6.77% | $173.23 | $17.72 |
| 2023 | 10.49 | 63.4% | $112.4 | $10.71 |
| 2022 | 6.42 | -1.98% | $97.83 | $15.25 |
| 2021 | 6.55 | -73.96% | $115.56 | $17.64 |
| 2020 | 25.15 | 169.56% | $90.53 | $3.6 |
| 2019 | 9.33 | 23.58% | $84.82 | $9.09 |
| 2018 | 7.55 | -46.72% | $58.98 | $7.81 |
| 2017 | 14.17 | 13.45% | $76.92 | $5.43 |
| 2016 | 12.49 | 19.75% | $72.09 | $5.77 |
| 2015 | 10.43 | -21.81% | $53.62 | $5.14 |
| 2014 | 13.34 | 18.47% | $65.49 | $4.91 |
| 2013 | 11.26 | 20.95% | $55.95 | $4.97 |
| 2012 | 9.31 | 58.6% | $41.61 | $4.47 |
| 2011 | 5.87 | -60.5% | $23.82 | $4.06 |
| 2010 | 14.86 | 129.68% | $18.28 | $1.23 |
Discover Financial Services PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 9.78 | -1.81% | $173.23 | $17.72 |
| Sep 2024 | 9.96 | -1.19% | $140.29 | $14.09 |
| Jun 2024 | 10.08 | -19.81% | $130.81 | $12.98 |
| Mar 2024 | 12.57 | 19.83% | $131.09 | $10.43 |
| Dec 2023 | 10.49 | 54.49% | $112.4 | $10.71 |
| Sep 2023 | 6.79 | -18% | $86.63 | $12.75 |
| Jun 2023 | 8.28 | 21.94% | $116.85 | $14.11 |
| Mar 2023 | 6.79 | 5.76% | $98.84 | $14.55 |
| Dec 2022 | 6.42 | 7.36% | $97.83 | $15.25 |
| Sep 2022 | 5.98 | -4.01% | $90.92 | $15.2 |
| Jun 2022 | 6.23 | -5.03% | $94.58 | $15.17 |
| Mar 2022 | 6.56 | 0.15% | $110.19 | $16.8 |
| Dec 2021 | 6.55 | -10.76% | $115.56 | $17.64 |
| Sep 2021 | 7.34 | -2.91% | $122.85 | $16.74 |
| Jun 2021 | 7.56 | -29.28% | $118.29 | $15.65 |
DFS average PE ratio chart
Currently, DFS's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.
DFS PE vs peers
DFS's PE ratio is lower than its peer stocks COF and ZION.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DFS Discover Financial Services | 9.62 | $42.9B |
| ZION Zions Bancorporation National Association | 10 | $7.32B |
| COF Capital One Financial Corp | 15.35 | $67.96B |
| TFSL TFS Financial CORP | 44.46 | $3.5B |
Frequently asked questions
What is Discover Financial Services's PE ratio?
As of Apr 1, 2025, DFS stock has a price to earnings ratio of 9.62.
What is the 3-year average PE ratio for Discover Financial Services (DFS)?
The 3-year average PE ratio for DFS stock is 8.49.
What is the 5-year average PE ratio for Discover Financial Services (DFS)?
The 5-year average PE ratio for DFS stock is 10.04.
What is the highest PE ratio for DFS?
Over the last ten years, the quarterly PE ratio reached a historic high of 25.15 in the Dec 2020 quarter.
How does the current PE ratio for DFS compare to its historical average?
DFS's current price to earnings ratio is 6% below its 10-year historical average.
Why is Discover Financial Services's PE ratio so low?
DFS's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is DFS's PE ratio calculated (Discover Financial Services PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 1, 2025), Discover Financial Services's stock price is $170.51. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $17.72. Therefore, Discover Financial Services's P/E ratio for today is 9.62. PE RATIO(9.62) = STOCK PRICE($170.51) / TTM EPS($17.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.